$DXY US Dollar Index H4, Daily, Weekly and Monthly

EUR/USD H1 and Weekly

SP500 H4

CAD/JPY H4, Daily and Weekly

General Overview for 03/12/2014:

This pair is still in uptrend targeting first 107.75 level and then possibly 115.86 level as well (it depends where wave 4 will complete).
On lower time frames the market should start a corrective cycle to the downside in wave C of wave 4, but the alternate count indicates a possibility of a completed wave 4 (alt:4) at the level of 103.45. To invalidate this alternate count, the price must break out below the level of 103.45 first and then impulsively break even lower into 23%Fibo at the level of 102.37 and then it might bounce as three wave simple ABC corrective cycle would be finished. Of course, the market might evolve into more complex pattern next , like a triangle pattern, but for now on there is no sufficient data to support this assumption. Nevertheless any breakout below the level of 99.79 invalidates this bullish outlook.
Summary:
Breakout above 105.30 is bullish and target is at the level of 106.18 and higher (Supply Zone)
Breakout below 103.45 is bearish and target is at the level of 102.37.

Support/Resistance:
106.18 -107.10 - Supply Zone
105.30 - Swing High
103.45 - Intraday Support
102.37 - 23%Fibo
101.17 - Weekly Technical Support
99.80 - Invalidation Line

Trading Recommendations:
Swing traders should keep the buy orders open as the wave progression has not been completed yet.

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EUR/USD H1

General Overview for 03/12/2014:

Just a chart update: is this it? Classic triangle pattern in wave 4 seems to fit to the overall count rather well. If so, the target is at the level of 1.2280. Please notice the bullish divergence.

Support/Resistance:
1.2281 - WS2
1.2363 - WS1
1.2448 - Weekly Pivot
1.2530 - WR1
1.2564 - Supply Zone

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Gold XAUUSD H4

General Overview for 02/12/2014:

The current wave progression from the level of 1130 might be labeled as the beginning of impulsive structure. The most important level now is 1255 as the former top of the wave (iv). Only breakout above this level in impulsive fashion will be seen as bullish.
Violation of the level of 1130 invalidates the impulsive count.

Support/Resistance:
1255 - Wave (iv) Top
1221 - WR3
1213 - WR2
1181 - WR1
1172 - Weekly Pivot
1142 - WS1
1133 - WS2
1130 - Wave (v) Low | Invalidation Line|

Trading Recommendations:
As long as the level of 1130 is not violated BUY orders should be opened.

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